Ever wondered if you're debt is too much? If that new car or home makes sense financially? Or if you have enough saved for emeregencies?

If so, we have 4 super-easy-to-calculate-rule-of-thumb metrics to share! Listen to the episode to get the specifics on each one. 

• Consumer Debt Ratio (aim to be under 15%)

  Calculation: Non-housing debt / Gross income (annual or monthly- just make sure they match)

• Front-end Housing Ratio (aim to be under 28%)

  Calculation: Housing debt (PITI & HOA)/ Gross incom

• Back-end Ratio/ Traditional DTI (aim to be under 36%)

  Calculation: All debt / Gross income

• Liquidity Ratio (aim to have 3-6 months)

  Calculation: Liquid assets / monthly expenses

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All recommendations and conversations presented in this podcast episode are meant to be used as a guide for general use and educational purposes only. Information is not meant to be taken as explicit financial advice.